New car ideas

Pudney · 17 Jan 2019 at 14:45

A few years ago I was looking for some ideas for a company car and from this very forum got suggested a Jag XE, which I indeed ended up with. In less than 9 months that lease will probably be over (long story, let's not go there) and I'll need a new car. This time though, my options are much wider as I no longer have to worry about BIKs and little things like emissions aren't relevant. So goodbye (probably) diesel.

My inner child wants to get a Mustang. Obviously the 5.0 V8, because why get one of the others? So I'll probably end up booking a test drive to see what they're really like. But I'd be interested in other suggestions for fun driving cars that I could also look at. Few bits of relevant information:

My annual mileage is at least 15,000 miles,
Business lease or purchasing a car are options available to me,
Technically a budget of £500 per month, but that isn't set in stone and if I'm charming it probably could be higher for the right car (Mustang falls into this bracket ),
My other half drives an MX5 so getting a Coupe or similar would actually be limiting in some respects, so my head is telling me to be a bit more practical,
"Ownership" would be for 2-3 years only, and
No children or pets that need carrying around.

Other ideas include 3 or 4 series, C class, A4 etc. All very much the same type of thing.

I definitely don't want a SUV, nor another XE. My adult brain does like the sound of hybrids but it would still need to be a good (read fast) drive.

Cheers for reading my waffle, ideas gratefully received.

smilertoo · 17 Jan 2019 at 15:25

Honda Jazz Hybrid.

wedrum · 17 Jan 2019 at 15:28

M2 competition

Daaaavvveee · 17 Jan 2019 at 17:53

I just bought an M140i Shadow Edition, worth a test drive!

NathWraith · 17 Jan 2019 at 20:05

C43 AMG coupe.

Apparently very good.

Pudney · 17 Jan 2019 at 22:21

smilertoo said:
Honda Jazz Hybrid.

Erm. No.

Daaaavvveee said:
I just bought an M140i Shadow Edition, worth a test drive!

Temporarily drove a 1 series a few years ago and found the front was a bit cramped (and I'm not tall!) Has there been a redesign or are these still the same chassis?

Jimmy Saville said:
M2 competition

NathWraith said:
C43 AMG coupe.

Apparently very good.

Cheers both, will add to the list to consider. Although is the M2 any different to the 1 series?

[TW]Fox · 18 Jan 2019 at 07:30

M2 Competition or a C43 AMG on a lease for 15k miles a year for 500 quid a month??!

Pudney · 18 Jan 2019 at 09:20

[TW]Fox said:
M2 Competition or a C43 AMG on a lease for 15k miles a year for 500 quid a month??!

There is room for manoeuvre, and a quick check of the M2 suggested it was doable at 560. The Mustang is way over but the price I’d have to pay is to take someone else’s son out for a drive in it!

200sols · 18 Jan 2019 at 09:33

Based on £500 a month and 9months upfront, your looking at £22000 over 3 years to own nothing. Madness :confused:

[TW]Fox · 18 Jan 2019 at 09:55

Pudney said:
There is room for manoeuvre, and a quick check of the M2 suggested it was doable at 560.

Where can you get an M2 Competition for 560 quid a month for 15k miles PA?

200sols · 18 Jan 2019 at 10:06

[TW]Fox said:
Where can you get an M2 Competition for 560 quid a month for 15k miles PA?

Business lease, I found £438 per month with a 9month initial. Excl VAT. Thats with no options.

Pudney · 18 Jan 2019 at 10:13

200sols said:
Based on £500 a month and 9months upfront, your looking at £22000 over 3 years to own nothing. Madness

It’s almost like it’s not ever going to be a personal asset.

Don’t worry, I’m already resigned to never owning a car until I retire now.

@[TW]Fox it was on a random leasing website, nationwide leasing or similar. At the moment I’m only looking for a rough idea of cost so aware actual will be different!

[TW]Fox · 18 Jan 2019 at 10:34

200sols said:
Business lease, I found £438 per month with a 9month initial. Excl VAT. Thats with no options.

Which is over 700 quid a month after amortising the deposit and I bet that isn't 15k PA.

200sols · 18 Jan 2019 at 10:38

[TW]Fox said:
Which is over 700 quid a month after amortising the deposit and I bet that isn't 15k PA.

It is 15k and 36month, and as a business lease I assume he can claim some VAT back on it.

Pudney · 18 Jan 2019 at 10:49

[TW]Fox said:
Which is over 700 quid a month after amortising the deposit and I bet that isn't 15k PA.

The £560 I mentioned was 15k PA, 6 months upfront and for 24 months. £4 a month more for 36 months. It was also inclusive of VAT. But it was a “Hot Deal”, but like I said I’m just looking for ideas!

[TW]Fox · 18 Jan 2019 at 11:34

Pudney said:
The £560 I mentioned was 15k PA, 6 months upfront and for 24 months. £4 a month more for 36 months. It was also inclusive of VAT. But it was a “Hot Deal”, but like I said I’m just looking for ideas!

The 6 months up front makes it effectively 700 quid a month...

Pudney · 18 Jan 2019 at 11:40

[TW]Fox said:
The 6 months up front makes it effectively 700 quid a month...

I know, but I’m not worried about effective cost only the actual cost.

Mercenary Keyboard Warrior · 18 Jan 2019 at 11:41

Not necessarily, plenty of time business leases are 3+33 not 3+36
Easy to check the detail

Gaygle · 18 Jan 2019 at 12:07

Pudney said:
I know, but I’m not worried about effective cost only the actual cost.

It's the same thing?!

[TW]Fox · 18 Jan 2019 at 12:13

Pudney said:
I know, but I’m not worried about effective cost only the actual cost.

What? It is the actual cost.

Otherwise you could just get an 840d for £1 a month with an initial payment or £75k and claim it's £1 a month!